Political Quotes

Barack Obama: For eight years, we have had policies that have shredded consumer protections, that have loosened oversight and…

On the recordSeptember 14, 2008
For eight years, we have had policies that have shredded consumer protections, that have loosened oversight and regulation, and encouraged outsized bonuses to CEOs, while ignoring middle-class Americans. The result is the most serious financial crisis since the Great Depression.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Obama blames the financial crisis on Republican policies that undermined consumer protections and regulation.

Share

More from Barack Obama

Jun 11, 2026

For almost four decades, Nancy Pelosi served the American people and worked to make our country better.

obama.org
Jun 18, 2026

That was fantastic. I was a little tall for it.

abcnews.com
Jun 25, 2026

It shows me somebody who’s not focused on the American people and the job they’re supposed to do.

salon.com
Jun 19, 2026

There will be no kings

bbc.com

Other voices in this conversation